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§ 31-2-213 — Montana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Montana/
  4. Title 31 - Credit Transactions and Relationships/
  5. Chapter 2 - Debtor and Creditor Relationships/
  6. Part 2 - Assignments for Benefit of Creditors31-2-201. When Debtor May Execute Assignment/
  7. § 31-2-213
Montana Legal Code

§ 31-2-213

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31-2-213. Inventory required. Within 20 days after an assignment is made for the benefit of creditors, the assignor must make and file, in the manner prescribed by 31-2-215, a full and true inventory showing: (1) all the creditors of the assignor; (2) the place of residence of each creditor, if known to the assignor, or if not known, that fact must be stated; (3) the sum owing to each creditor and the nature of each debt or liability, whether arising on written security, account, or otherwise; (4) the true consideration of the liability in each case and the place where it arose; (5) every existing judgment, mortgage, or other security for the payment of any debt or liability of the assignor; (6) all property of the assignor at the date of the assignment which is exempt by law from execution; and (7) all of the assignor's property at the date of the assignment, both real and personal, of every kind, not so exempt; the encumbrances existing thereon; all vouchers and securities relating thereto; and the value of such property, according to the best knowledge of the assignor. History: En. Sec. 4522, Civ. C. 1895; re-en. Sec. 6148, Rev. C. 1907; re-en. Sec. 8624, R.C.M. 1921; Cal. Civ.

hereto; and the value of such property, according to the best knowledge of the assignor. History: En. Sec. 4522, Civ. C. 1895; re-en. Sec. 6148, Rev. C. 1907; re-en. Sec. 8624, R.C.M. 1921; Cal. Civ. C. Sec. 3461; Field Civ. C. Sec. 1936; re-en. Sec. 8624, R.C.M. 1935; R.C.M. 1947, 18-313.

Source: https://mca.legmt.gov/bills/mca/title_0310/chapter_0020/part_0020/section_0130/0310-0020-0020-0130.html· Version 2025